INDO GERMAN INTERNATIONAL PVT.LTD.,NEW DELHI vs. DCIT CIRCLE-10(1), DELHI
Before: SHRI YOGESH KUMAR U.S. & SHRI AVDHESH KUMAR MISHRAM/s Indo German International Pvt. Ltd. 7A-Sagar apartment, 6, Tilak Marg, New Delhi PAN:AAACI3028D Vs. DCIT/ACIT Circle-10(1) Delhi
PER YOGESH KUMAR, U.S. JM: The present appeal is filed by the Assessee against the final assessment order dated 28/10/2024 passed u/s 143(3) r.w.s 144C(13) read with Section 144B of the Income Tax Act, 1961 ('Act' for short) pertaining to the Assessment Year 2021-22. 2. The Ld. Assessee's Representative submitted that during the pendency of the present Appeal, the Ld. TPO passed a rectification order dated 24/12/2024 under Section 154 of the Income Tax Act 1961, wherein reduced the adjustmentto NIL. Further submitted that pursuant
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Indo German International Pvt. Ltd. Vs. DCIT to the order of the TPO dated 24/12/2024, the A.O. is yet to pass consequential giving effect order. The Ld. Assessee's Representative has also placed the order passed u/s 154 of the Act dated 24/12/2024 on record and sought for passing appropriate order.
The Ld.Departmental Representative has not disputed the above averments made by the Ld. Assessee's Representative.
Considering the fact that the Ld. TPO has passed a rectification order under Section 154 of the Income Tax Act 1961, which resulted in reduction of the adjustment to NIL and pursuant to the order of the TPO dated 24/12/2024, the A.O. is yet to pass consequential giving effect order, we dismiss the captioned appeal having become in-fructuous with a liberty to the Assessee to revive the Appeal, if so required/advised.
In the result, the Appeal of the Assessee is dismissed for having become in-fructuous. Order pronounced in the open court on 13th June , 2025 (AVDHESH KUMAR MISHRA) JUDICIAL MEMBER Date:- 13 .06.2025 R.N, Sr.P.S*
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Indo German International Pvt. Ltd. Vs. DCIT